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Cartier owner Richemont sales rise 10% in December quarter despite ongoing China weakness

CNBC
Summary
Nutrition label

81% Informative

Cartier owner Richemont reported a 10% increase in fiscal third-quarter sales.

Sales rose to 6.2 billion euros ( $6.38 billion ) at constant exchange rates in the three months to the end of December .

The results provide a positive early signal for the health of Europe 's luxury sector over the holiday shopping period .

VR Score

92

Informative language

97

Neutral language

85

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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